The Town with Matthew Belloni cover image

The Town with Matthew Belloni

The Memorial Day Box Office Meltdown

May 28, 2024
Bloomberg's Lucas Shaw joins Matt to discuss the Memorial Day box office disaster and its impact on future film releases. They debate studios releasing fewer movies and make a prediction about Warner Bros. Discovery's NBA broadcasting rights.
32:25

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The Memorial Day box office weekend showcased a significant decline in revenue, sparking concerns about the future of movie releases.
  • The NBA rights negotiation process involving Disney, Comcast, and Amazon reveals strategic shifts in media partnerships and potential exclusions for Warner Bros. Discovery.

Deep dives

Box Office Woes and Memorial Day Weekend Results

The Memorial Day Weekend revealed a bleak box office scenario, with the total weekend gross in North America reaching only $125 million, down 40% from the previous year. 'Furiosa,' a Warner Bros. movie, significantly underperformed, making just $31 million over the four-day weekend, while facing high production and marketing costs. This marked the worst Memorial Day weekend result for the top movie in 43 years, indicating a drastic decline in box office performance.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode